Mathematical Finance

 

Financial engineering is one of the fastest growing areas of applied mathematics. In the Master of Mathematical Finance (MMF) program, students reshape their existing analytical abilities with the help of senior academics in mathematics, computer science, statistics, and engineering who have experience with the tools of mathematical finance. This cross-disciplinary approach develops graduates with a richer, more innovative approach to applied mathematics in real-world situations. Some of the faculty are seasoned practitioners from the financial industry while others are from leading firms in the financial software industry, developing applications around requirements like risk management, portfolio analysis, and the pricing of advanced derivatives.

The heart of the program is the four-month internship or campus project. Working on real financial projects, students learn to integrate and apply theoretical knowledge gained earlier in the program. In the internship, students team with employees of the sponsoring firm to experience how financial mathematics impacts the decision-making processes of a financial services organization.

Degree Offered

Mathematical Finance - MMF

​​​​​Quick Facts

DomesticInternational
​​ ​​​​1. All applicants must meet the School of Graduate Studies English Language Proficiency requirements​.
2. For more information on admission requirements, ple​ase review the program'​s SGS Calendar entry: www.sgs.utoronto.ca/calendar ​​​

​​​​​​​Research Stream Program Funding Information​

Base Funding Amount -

Graduate units determine a base funding amount for doctoral research stream programs and the number of years that the student will be eligible. In addition to the Base Funding, all eligible students will receive the cost of academic tuition and fees. More information about Base Funding can be found at .​

Actual Income -

Students often have the opportunity to earn additional income through research stipends, internal and external fellowships, RA employment income and TA-ships. Therefore, the average actual income of students in a program is typically higher than the Base Funding amount in that program. More information about Actual Incomes can be found at .

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​​​​Quick Facts

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Quick Facts

Domestic Students International Students
1. Application deadlines MMF-15-Jan-2016
MMF-15-Jan-2016
2.Required tests in addition to English Language Proficiency. See below or visit www.uoft.me/gradelp MMF-n/a
MMF-n/a
3. Minimum GPA MMF-mid-B
MMF-mid-B
4. Tuition fee -Please visit www.uoft.me/gradfees and refer to Domestic Fees.
-Please visit www.uoft.me/gradfees and refer to International Fees.
5. Direct entry option from bachelor's to PhD MMF-n/a
MMF-n/a
6. Is a supervisor identified before or after admission? MMF-n/a
MMF-n/a
7. If a supervisor is identified after admission (as per question above), is admission conditional upon securing a supervisor? MMF-n/a
MMF-n/a
8. Is a supervisor assigned by the graduate unit or secured by the applicant? MMF-n/a
MMF-n/a
9. Program length (full-time only) MMF-3 sessions
MMF-3 sessions
​​1. All applicants must meet the School of Graduate Studies English Language Proficiency requirements​. 
2. For more information on admission requirements, please review the program’s SGS Calendar entry: www.sgs.utoronto.ca/calendar